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KRCS
KRCS (93.1 FM, "Hot 93.1") is a radio station that airs a Top 40 (CHR) format in the Rapid City and the Black Hills area. The station is owned by Schurz Communications (via its Rushmore Media Company subsidiary) and is licensed to Sturgis, South Dakota. ==Ownership== In May 1999, Triad Broadcasting reached a deal to acquire this station from Brothers Jim and Tom Instad as part of a twelve-station deal valued at a reported $37.8 million. In July 2006, Schurz Communications Inc. reached an agreement to buy this station from Triad Broadcasting Co. as part of a six-station deal valued at a reported $19 million. Schurz Communications created the Black Hills broadcast division, New Rushmore Radio, now known as Rushmore Media Company. Schurz Communications announced on September 14, 2015 that it would exit broadcasting and sell its television and radio stations, including KRCS, to Gray Television for $442.5 million. Though Gray initially intended to keep Schurz' radio stations, on November 2, it announced that HomeSlice Media Group would acquire KRCS and the other Rushmore Media Company radio stations for $2.2 million; the deal reunites the stations with KBHB and KKLS, which HomeSlice acquired from Schurz in 2014 following its purchase of KOTA-TV.
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